22777 International Accounting

In the context of many corporations operating in an extensive global business environment, this subject explores the causes and effects of diversity in corporate financial accounting and evaluates the efforts undertaken to harmonise accounting standards and practice internationally. The identities and interests of stakeholders in this process are considered. The subject is intended to equip students with the knowledge and skills to appreciate the characteristics and limitations in the interpretation of accounting reports originating from various countries and that arise from diverse cultural and other factors impacting on each country's national accounting profession.